PJ Bain, Chief Executive Officer of PrimeRevenue, reveals what insights can be gleaned about the state of global supply chains from a review of thousands of company invoices from around the world.
Modern technology provides us with a dazzling array of devices, machines and vehicles designed to create more efficient supply chains, promote a cleaner environment and generally enrich our lives. But none of it runs without batteries.
China boasts the largest e-commerce market in the world — more than 50% of the global total. New rules in cross-border e-commerce, however, could change the market this year.
The coronavirus outbreak has intensified the risk of a “single point of failure,” but companies are struggling to find alternative locations that match Chinese manufacturing capabilities and infrastructure.
For Marian Bocek, the coronavirus is a reminder that Europe needs to reduce its dependence on China, especially when it comes to making parts for the next generation of cars and trucks.
India plans to ramp up production of pharmaceutical ingredients and become an alternative supplier for global drugmakers hit by factory shutdowns in China due to the coronavirus outbreak.